Centre cuts providence tax on home crude

NEW DELHI : The union executive has decreased the providence tax on sale of in the community produced crude oil to ₹13,000 in step with tonne. For the previous two weeks, the sale of crude oil produced in India attracted an extra accountability of ₹17,750 in step with tonne. Centre has additionally revised the cess … Read more

Centre to check new taxes on crude oil, auto gas each and every fortnight: Tarun Bajaj

New Delhi: The federal government will evaluation the providence tax on petroleum and the obligation on auto gas export, that had been imposed on Friday, each and every 15 days for recalibration, earnings secretary Tarun Bajaj informed journalists right here. “Each 15 days, we can see what are the global costs of diesel, petrol and … Read more

Government slaps providence tax on home crude, further excise accountability on gasoline export

Whilst a cess of ₹23,250 according to tonne has been imposed on crude oil, a distinct excise accountability of ₹6, ₹13, and ₹6 according to litre has been imposed at the export of petrol, diesel, and ATF respectively. Small crude oil manufacturers with annual manufacturing of not up to two million barrels had been exempted … Read more